Worldwide spending on telecom services and pay-TV services totalled $1,615 billion in 2018, an increase of 0.8 per cent year over year, according to the International Data Corporation (IDC). Worldwide Telecom Services Database. IDC expects for the worldwide spending on Telecom and Pay-TV services to reach $1,657 billion in 2023. Mobile services will continue to […]
UK telco BT has raised its build targets for Fibre to the Premises (FTTP) from 3 million to 4 million premises passed by March 2021, with the ambition increased from 10 million to 15 million by the mid-2020s, subject to favourable regulatory conditions and policy decisions. The news came as BT announced its results for […]
Deutsche Telekom saw growth in all areas in the first quarter of 2019, continuing the Group’s success from its record year of 2018. In organic terms, i.e., adjusted for exchange rate effects and changes in the composition of the Group, net revenue increased by 3.5 per cent to €19.5 billion. “We got off to a […]
Following its recent takeover of the company, Zegona has made its first move into Spanish telco Euskaltel by appointing José Miguel García, former CEO of Jazztel, as a member of the board of directors in the Basque-country-based company. With the appointment, Zegona takes positions in the company with its right-hand executive to be CEO of […]
Consumers see a near-term benefit from 5G, as they look forward to the technology providing relief from urban network congestion, and to bring more home broadband choices, according to a new ConsumerLab report from communications technologist Ericsson. The report looks at the potential of 5G to benefit consumers, uncovering certain realities about them (consumer realities) […]
Thaicom, Thailand’s first satellite operator, has announced its financial results for the first quarter ended March 31st. Thaicom’s revenue decreased compared to the previous quarter and the same quarter of last year. The company reported that due to effective cost management, the profit from normal operations improved. The company reported a net loss due to […]
Liberty Global has reported revenues of $2.86 billion (€2.55bn), down 0.6 per cent on a year-on-on year basis annual basis while operating income was down 10.3 per cent on the same period last year to $105.5 million. Virgin Media showed a net customer gain of 59,200, an annual increase of 32 per cent. Liberty’s UK […]
Spain’s fourth largest telco operator, MásMóvil, reported a net profit of €22 million in the first quarter of the year, up 168 per cent on the same period last year. EBITDA reached €105 million, up 40 per cent on last year’s €75 million, and €15 million more than the previous quarter. Total Q1 revenues amounted […]
The Spanish Administration has selected Telefónica and Vodafone to implement 5Gs pilot projects throughout Spain. Vodafone will carry out a project in Andalusia, along with Huawei with an investment of €25.4 million over of 30 months. Telefónica will work with Ericsson and Nokia to implement its part of the pilot in Galicia, north of Spain, […]
Orange Spain has reported flat revenues for the first quarter, reaching €1.32 billion, up just 0.4 per cent year on year. Orange ended the quarter with a total of 20.3 million customers – out of which 16.1 million are mobile telephony customers and 4.13 million fixed broadband subscribers. Some 84 per cent of the latter […]